--- url: >- https://acquirer-api-docs-v4-en.pingpongx.com/en/notes/marketplaces/overview/index.md description: >- Marketplaces is a cross-border payment solution provided by PingPongCheckout for financial institutions and e-commerce SaaS platforms, supporting one-stop payment experiences in online marketplaces, e-commerce websites, and mobile applications. Through APIs, it enables sub-merchant registration, secure processing of global payments, fund splitting and management, risk control, and reporting reconciliation functions. --- ## Marketplaces Marketplaces is a one-stop cross-border payment solution provided by PingPongCheckout for platforms such as financial institutions and e-commerce SaaS services. Create seamless end-to-end payment experiences in your online marketplaces, e-commerce websites, or mobile applications. Enable your platform users to easily register, sell, and receive payments within a single solution. Through the Marketplaces API, you can: - Easily create and register sub-merchants - Automatically register sub-merchants to seamlessly connect your customers (sellers, service providers, or distributors) to your platform - Securely process payments - Accept secure payments from consumers worldwide through the PingPongCheckout payment network. - Fund splitting and fund management - Provide your sub-merchants with secure, compliant, and intelligent fund splitting and payment solutions - Manage risks: Identify fraudulent activities, block suspicious payments, and flag unusual user activities. - Reporting and reconciliation - Ensure accurate accounting of funds using PingPongCheckout generated billing and reconciliation processes.